Infrastructure sector tops budget allocation for new fiscal year
Summary
The Ministry of Physical Infrastructure and Transport has been allocated Rs3.02 trillion for the upcoming fiscal year, prioritizing roads, urban infrastructure, and water supply projects, despite budget cuts for some national projects like the Kathmandu–Tarai Madhesh Fast Track.
Key Points
- The Ministry of Physical Infrastructure and Transport received Rs3.02 trillion, 14.25% of the total budget, for the new fiscal year.
- Rs2.86 trillion is allocated for roads and urban infrastructure, with Rs371.7 billion for water supply and sanitation.
- National pride and strategic projects like the Sunkoshi Marin Diversion and various highways are prioritized for development.
- Plans include blacktopping 1,000 km roads, constructing 275 bridges, developing smart cities, and introducing a modern Blue Bus service for safe mobility.
